Singapore’s retail sector is heading into dangerous territory as unchecked growth in the food and beverage (F&B) industry threatens to undermine long-term stability, warns Knight Frank in its Q1 2025 Retail Report.  Without intervention, the real estate consultancy says the oversaturation of F&B outlets could erode profitability, waste resources, and destabilize the broader retail landscape. A record 3,047 F&B businesses shut down in 2024 — the highest annual closures since 2005 — even as 3,793 new outlets opened, the second most in over three decades. https://sbr.com.sg/food-beverage/news/fb-surge-may-affect-singapores-retail-stability-report (ICE SINGAPORE)

Fonte notizia: Singapore Business Review, 17 July 2025